WBMS: Global Aluminum Deficit Eases Significantly during January-March 2017

SHANGHAI, May 18 (SMM) – Global primary aluminum market was in a deficit of 356,000 tonnes in Q1 2017, compared with a staggering shortage of 1.12 million tonnes in the whole of 2016, according to latest data from World Bureau of Metal Statistics (WBMS).

Primary aluminum demand worldwide was 15.05 million tonnes in Q1 2017, up 1.15 million tonnes from a year ago. Primary aluminum output in China was estimated at 8.2 million tonnes in Q1, 56% of global output, WBMS data showed. 

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